Bought with Deneen Sweeney • Keller Williams Real Estate - West Chester
$306,000
$325,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
1,900 SqFt
SOLD DATE : 06/30/2026
Key Details
Sold Price $306,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,900 sqft
Price per Sqft $161
Subdivision Hedgeville
MLS Listing ID DENC2098552
Sold Date 06/30/26
Style Other
Abv Grd Liv Area 1,900
Year Built 1900
Available Date 2026-03-19
Annual Tax Amount $3,760
Tax Year 2025
Lot Size 1,307 Sqft
Acres 0.03
Lot Dimensions 16.00 x 80.00
Property Sub-Type Triplex
Source BRIGHT
Property Description
Fully renovated triplex investment opportunity in Wilmington! This property has been completely updated from top to bottom, offering a turnkey addition to any investor's portfolio. All three units feature brand new kitchens, bathrooms, flooring, lighting, and modern finishes throughout. Major systems have also been upgraded, including new plumbing, updated electrical, HVAC, hot water heater, and electric baseboard heat.
The property includes separately metered electric and heat, and the owner charged $50/month per unit for water. Each unit has its own private living space, and the 1 bedroom unit features a separate entrance with access to the fenced-in backyard, providing additional appeal for tenants.
Projected rental potential:
Studio: $1,050/month (separate entrance, backyard access)
1 Bedroom: $1,200/month
2 Bedroom: $1,300/month
With strong rental potential and all major renovations already completed, this property offers a low-maintenance, income-producing opportunity in a convenient Wilmington location close to major routes, shopping, and city amenities. Perfect for investors or owner-occupants looking to offset their mortgage with rental income.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Rooms
Basement Partial
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Luxury Vinyl Plank
Fireplace N
Heat Source Electric, Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Above Ground Finished SqFt 1900
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Christina
Others
Tax ID 26-042.10-261
Ownership Fee Simple
SqFt Source 1900
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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